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Press Releases

 
Press Releases
  Date Title and Summary View
Mar 4, 2010
WEST PALM BEACH, Fla., March 4, 2010 -- Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported estimated net income of $9.4 million or $0.09 per diluted share for the fourth quarter of 2009. This compares to a net loss of $4.3 million or $0.07 per share for the fourth quarter of 2008. Pre-tax income from continuing ope...
Mar 3, 2010
WASHINGTON, March 3, 2010 -- Ocwen Financial Corporation (NYSE:OCN) President Ronald M. Faris, testifying before Congress, voiced the mortgage servicer's support of the Administration's Home Affordable Modification Program (HAMP) and recommended enhancements that Ocwen believes would make the program more ...
Jan 28, 2010
WEST PALM BEACH, Fla., Jan. 28, 2010 -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Thursday, March 4, 2010 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 4th Quarter/Year End 2009 earnings release. The press release will also be available on the Oc...
Dec 11, 2009
WASHINGTON, Dec. 10, 2009 -- Ocwen Financial Corporation (NYSE:OCN) supports the Treasury Department's just announced "Mortgage Modification Conversion Drive" -- a push to increase the number of trial loan modifications converting to permanent modifications under its Home Affordable Modification Program (HAMP). Ocwen has converted an industry-le...
Dec 10, 2009
WEST PALM BEACH, Fla., Dec. 10, 2009 -- Ocwen Financial Corporation ("Ocwen") (NYSE:OCN) today announced that it has disposed of 100% of its interest in Bankhaus Oswald Kruber GmbH & Co. KG. The transaction was finalized and consummated as of December 3, 2009. ...
Dec 1, 2009
WEST PALM BEACH, Fla., Dec. 1, 2009 -- Ocwen Financial Corporation (NYSE:OCN), a leading servicer of subprime mortgages, has adopted new technology that enables homeowners in financial distress to connect directly, via the Ocwen web site, with nearby community services and government agencies. ...
Nov 5, 2009
WEST PALM BEACH, Fla., Nov. 5, 2009 -- As a result of a $50.6 million one-time tax expense arising from the separation of Ocwen Solutions, Ocwen Financial Corporation ("Ocwen" or the "Company") (NYSE:OCN) today reported a net loss of $42.0 million or $0.51 per share for the three months ended September 2009. This compares to net income of $15.0...
Oct 19, 2009
WEST PALM BEACH, Fla., Oct. 19, 2009 -- Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Thursday, November 5, 2009 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 3rd Quarter 2009 earnings release. The press release will also be available on the Ocwen Financial Corporation S...
Oct 12, 2009
WASHINGTON and WEST PALM BEACH, Fla., Oct. 12, 2009 -- Almost half of the trial mortgage modifications converted to permanent modifications for distressed homeowners under the Treasury Department's Home Affordable Modification Program (HAMP) are attributable to Ocwen Loan Servicing, LLC, the principal subsidiary of Ocwen Financial Corporation (...
Oct 5, 2009
WASHINGTON, Oct. 5, 2009 -- Mortgage servicer Ocwen Financial Corporation (NYSE:OCN) convened more than 30 representatives of grassroots and national housing advocacy organizations to share success stories, new ideas and insights related to preventing foreclosures and helping homeowners. The roundtable discussion was geared, in part, to provide...
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